Going back to the future: economic change in Montana.
Montana Business Quarterly › Vol. 37 Nbr. 1, March 1999
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Summary
Cover Story
Montana's economy has been on the upswing since the 1970s but problems such as low wages and low per capita income have arisen due to dramatic economic changes. The volatile growth record of the 1970s and the 1980s decades has contributed largely to the problems which are more reflective of long-term growth instead of short-term recessionary trends. Some of these changes include the occupational mix where women participation has grown, the decline in the number of those employed in the basic industries and the lower average workweek, which reflects a large number of part-timers.See the full content of this document
Extract
Going back to the future: economic change in Montana.
Work and pay have received considerable attention in recent public discussions about Montana's economy. One of the more frequently heard - but somewhat misleading - sound bites is the "recovery" of the Montana economy, suggesting that the state is in an economic recession. But from a jobs perspective, the Montana economy is doing quite well. Employment levels and job growth have been strong during the 1990s. What is of concern, however, is Montana's low wages and low per capita income (46th in the nation), problems more reflective of long-term economic growth than of short-term recessionary flips.
Montana's volatile growth record in ...See the full content of this document
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